SPX acquires four innovative companies in one year
SPX has acquired four companies over the span of 11 months. Starting September 2nd, 2020, SPX acquired ULC Robotics, a leading developer of robotics systems and machine learning applications. On November 12th, 2020 SPX announced its acquisition of Sensors & Software Inc., a Canadian company specializing in the manufacture and distribution of Ground Penetrating Radar (GPR), used for locating underground facilities and detecting unexploded ordinance. On April 29th, 2021 SPX acquired Sealite Pty Ltd and all affiliated entities. Sealite is a major player in the design and manufacture of marine and aviation Aids to Navigation (AtoN) products. On August 3rd, 2021, SPX announced the acquisition of Enterprise Control Systems Ltd (ECS), a leading designer of tactical datalinks and radio frequency (RF) countermeasures, including counter-drone and counter-IED RF jammers.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.